Epstein Secrets

IMP! UStli - e‘ 93% — 1y:it Vol Corry 1P1H$ : 8.09t. 94'74: "--.---;•"-? • -2.5% -20% see-25 $.40•19 -Las-17 Sources: Deutsche Bonk, Bloomberg Finance L.P. Discicumer: http://giobolmorkets.db.cominew/content/3045.html Martin Zeman Director I Key Client Partners Deutsche Bank Wealth Management DB Sec

s vol carry —LIMP! UStli - e‘ 93% — 1y:it Vol Corry 1P1H$ : 8.09t. 94'74: "--.---;•"-? • -2.5% -20% see-25 $.40•19 -Las-17 Sources: Deutsche Bonk, Bloomberg Finance L.P. Discicumer: http://giobolmorkets.db.cominew/content/3045.html Martin Zeman Director I Key Client Partners Deutsche Bank W

Source: Bloomberg Finance L.P. Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email All trade execution information contained herein is being pro

subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. This com

MRK Apr16 50 put: implied volatility v. price (per contract) <image016.jpg> MRK Stock Price (September 2014-September 2015) Source: Bloomberg Finance L.P. Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobi Email All trade execution information contained herein is being provi

subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. CONFIDEN

re becoming cheaper relative to puts 8.0% 2.0% • 2012 2013 2014 2015 2016 2017 2018 Deutsche Bank Corporate & Investment Banking Sources: Bloomberg Finance L.P., Deutsche Bank 16 EFTA01394935 Supplemental Disclosure for Deutsche Bank Wealth Management Key Client Partners (KCP) THIS MATERIAL IS INTENDED

ns. On a non-advised basis, KCP introduces its institutional clients to unique investment opportunities which can be sourced from other divisions of Deutsche Bank AG, such as Global Markets and Asset Management. Most often, these opportunities are available to our clients who are on-boarded with KCP with KCP only